Thermopads Pvt Ltd - Govt Tender Track Record, Bids & Win Rate 2026

Total bids

15 including cancelled tenders

Awarded

7 lost · 0 still pending

Awarded value

₹1.4 Cr

of ₹24.7 Cr bid — 5.5% conversion

Win rate

33.3%

of 15 decided bids

Bid outcomes

Lost bids carry more value than won ones — they chase big and lose big

By count15 bids

33.3%

20.0%

46.7%

Awarded533.3%

Pending00.0%

Tech rejected320.0%

Lost746.7%

By value₹24.7 Cr

40.0%

54.4%

Awarded₹1.4 Cr5.5%

Pending₹00.0%

Tech rejected₹9.9 Cr40.0%

Lost₹13.5 Cr54.4%

Where they win

1 authority · 0 states

Top buyer organisations

IndianOil₹1.4 Cr100.0%

Operating states

LowHigh

5 awards on central/PSU portals carry no state

Top competitors

In tenders they both bid · bar shows how the awards split

Chromalox india Precision Heat Control0 wins · 8 shared tenders

₹0

won head-to-head

Heat Trace India Pvt Ltd5 wins · 8 shared tenders

₹9.0 Cr

won head-to-head

XICON INTERNATIONAL LIMITED2 wins · 6 shared tenders

₹8.6 Cr

won head-to-head

vedeeassociates1 win · 5 shared tenders

₹20.7 L

won head-to-head

Bartec India Pvt. Ltd.0 wins · 4 shared tenders

₹0

won head-to-head

PENTAIR THERMAL MANAGEMENT INDIA PVT.LTD0 wins · 3 shared tenders

₹0

won head-to-head

Rival awardedThermopads awardedOthers

Recent tenders awarded to Thermopads

ELECTRICAL HEAT TRACING SYSTEMIndianOil · 14 Jun 2023₹51.8 L
Electrical Heat Tracing System of PFO product line from NCU and Heavy cut line from PGHU.IndianOil · 12 Aug 2022₹24.5 L
Design, Engineering, Supply, Installation, Testing and Commissioning of Thermal Insulation and Electric Heat Tracing System for Exposed Station Piping at NRPL Panipat.IndianOil · 24 May 2022₹20.9 L
Procurement of electrically heat traced sample line.IndianOil · 13 Sept 2019₹80,641
Design, supply, installation, insulation of lines, testing and commissioning of Electrical Heat Tracing system in Catalyst Building of SWING unit.IndianOil · 9 Jul 2018₹38.7 L

About Thermopads Pvt Ltd

Thermopads Pvt Ltd appears as a bidder on 15 government tenders on record, from 2 buyer authorities on central and PSU portals. Of its 15 decided bids, it was awarded 5 — a 33.3% win rate — worth ₹1.4 Cr in total. Its most recent award on record is from 23 Jul 2026.

Its largest buyer by awarded value is IndianOil, at 100.0% of what it has won. On priced bids, its median quote is 4.5% above the lowest bid (L1).

It most often bids against Chromalox india Precision Heat Control, Heat Trace India Pvt Ltd and XICON INTERNATIONAL LIMITED. Chromalox india Precision Heat Control bid on 8 of the same tenders and won 0 of them; Thermopads Pvt Ltd won 3.